Filed September 16, 2022
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 6-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,529 | $66,098+18.8% | $101,794-22.9% | $74,304+5.7% |
| Participation rate | 48.7% | 53.8%-5.0pp | 69.2%-20.5pp | 60.3%-11.6pp |
| Annual return | 15.35% | 19.59%-4.2pp | 30.53%-15.2pp | 29.43%-14.1pp |
| Employer contribution / active EE | $1,989 | $1,082+83.9% | $2,289-13.1% | $2,241-11.2% |
| Participant deferral / active EE | $2,913 | $2,781+4.8% | $4,084-28.7% | $3,767-22.7% |
| Admin fee / account holder | $2,607 | $4,146-37.1% | $8,777-70.3% | $2,969-12.2% |